CONGRESS FOR VOTERS

RepublicanBill · H.R. 7527· House(119-HR-7527)

Pay Less at the Pump Act of 2026

Rep. Carey
Age: 55 years
Ohio
Introduced
2/12/2026
Last activity
2/12/2026 — Referred to the House Committee on Ways and Means.
Sponsored by
Mike Carey
Cosponsors
Republican - 5Democrat - 0
Taxation
  1. Introduced
  2. In Committee

What this bill would do

This bill, titled the "Pay Less at the Pump Act of 2026," proposes changes to the Internal Revenue Code of 1986. It seeks to terminate the Hazardous Substance Superfund financing rate. Under this proposal, the rate would no longer apply after December 31, 2025. Additionally, the bill modifies the authority for advances related to the Fund. These changes are intended to take effect starting in early 2026.

Yes· 3 of 26

  • Would farmers be better off under this?+4

    Farmers often face high fuel costs, so terminating the financing rate may significantly reduce their input costs.

  • Would business owners be better off under this?+3

    Businesses that rely on petroleum products may see reduced operational costs.

  • Would people in rural areas be better off under this?+3

    Rural residents typically rely more heavily on driving, so lower gas prices provide greater relative relief.

The opposite

  • Does this better protect air, water and wildlife?-6

    The termination of the Superfund financing rate reduces the dedicated funding used for environmental cleanup and hazardous substance remediation.

  • Does this raise the taxes companies pay?-5

    The bill terminates the Hazardous Substance Superfund financing rate which is a tax levied on certain petroleum products.

  • Does this reduce what the federal government spends?-3

    By terminating the Superfund financing rate, the bill reduces a stream of federal revenue used for environmental cleanup.